Best Money Apps For Kids and Parents

What are some of the best money apps for kids? How about the best allowance and chore apps for both kids and parents?

I am a big fan of apps in general (coupon apps, educational apps, easy pay apps) and think that apps are a great way to simplify activities and to educate as well.

Not only do we always have our phones on us but most of our kids are on some sort of device that has apps on it, so why not make those apps educational and fun?

Whether you’re looking for an app to help you as a parent, to easily keep track and assign chores to your kids, one to help you pay allowances to your kids or one that allows your child to learn responsibility and money, this list will have something for you.

Pretty much all of these money apps are available on iTunes and most are also on Google Play and in the Amazon App Store.

10 BEST MONEY APPS FOR KIDS

Chore and Allowance Apps

iAllowance is a great app that helps you manage all your children’s chores, allowances, and rewards. Put piggy banks and paper money behind you! iAllowance is a great app to manage your child’s finances and teach him or her about saving and spending money.

Source: iAllowance App

Whether you want to set up a weekly allowance or pay out a special reward, iAllowance handles everything for you with an eye-pleasing and easy-to-use interface.

PiggyBot is a parent-designed, kid-tested allowance app that helps kids spend, share, and save smartly. PiggyBot is a fun, easy way to track allowance spending and saving.

The only parent-designed, kid-tested allowance app that helps kids spend, share, and save smart. PiggyBot is a fun, easy way to track allowance spending and saving. No missed allowance, no forgetting IOUs, just money smarts turned fun!

Source: Piggybot app

Instead of cash, your kids have a virtual balance with you. Think of it as an IOU. Each child will have separate Spend-It, Share-It, and Save-It accounts. You decide how to allocate their allowance.

Kids can set goals, take pictures of things they want, share money, and more. When they save enough, they are a “Goal Getter!” And there’s a fun screen to show off the items they purchased, reinforcing principles of saving for wants, needs, and nice-to-haves.

Allowance & Chores Bot is another great chore and Allowance app that can help manage all your children’s chores.

With Allowance & Chores Bot you can create a daily, weekly, or monthly allowance for each child. Each child can have their own rate of periodic allowance, or you can give them allowance payments based on the completion of chores, or a mixture of both.

Source: Allowance and Chores Bot

Each chore can be a one time chore or repeated on a daily, weekly, or monthly schedule. Each chore can be configured so completion is required for the child’s periodic allowance, or the chore can be configured as an extra reward in addition to their allowance.

Want the kids begging to do chores? With ChoreMonster, it’s possible. No chore charts required. ChoreMonster is a suite of web and mobile apps that make chores fun for kids.

ChoreMonster makes chores fun by engaging and rewarding your kids! Parents Magazine named ChoreMonster one of the App-solute Must Apps for Families in 2015!

Source: Chore Monster App

Take the tension out of chores with an easy-to-use tool for your 4-12-year-olds. Kids earn points by completing chores and earn rewards to be used towards things like ice cream, an hour of Xbox, or a family camping trip. Parents manage their children’s chores and the rewards they can earn.

Bankaroo is a virtual bank for kids. It teaches kids (and parents) about the value of money in a simple and fun way. Bankaroo was created by 11-year-old Danielle, who was looking for a good way to track her money and allowance, and thought other kids could use such a tool.

Educational Money Apps for Kids

This one is more of a game for kids. Join the fun in the magical town of Green$treets by rescuing endangered animals!

Children earn money by planting a beautiful garden, or by tossing items in the treehouse using a catapult and keeping ShmootzTM, the gooey monster who is always making a mess, from ruining all the fun!

Kids don’t even realize that they’re learning essential money and math skills. They learn how to set goals, budget, earn money, make decisions and give to charity. Find out more on their website here. Or go download the app on iTunes.

Savings Spree is a fun App with a serious lesson for children ages 7 and up (younger children can play too with a little help from mom and dad or an older sibling). The game teaches kids how the daily lifestyle choices that they make can add up to big savings or big expenses, depending on how they choose to spend (or not spend) their money.

Savings Spree shows kids that they can SAVE their money for short-term goals (like a bike or an MP3 player), SPEND wisely by making more frugal decisions, DONATE to others or INVEST money so it will grow to meet future needs like a college education.

Start your own cupcake store and learn about math and finances while indulging in your creativity. Buy ingredients, design cupcakes, and figure out how to sell them for a profit by balancing ingredient costs and cupcake prices. Practice math skills by using addition and fractions to solve word problems.

Save the universe from financial ruin by traveling around the galaxy to defeat an alien super villain! Complete puzzles and answer quiz questions to earn money towards upgrading your space bike. With a rich story and fun but educational gameplay, this app teaches financial concepts such as saving, spending, investing, and inflation.

I hope this list helped you. Make sure you go and download the money apps for kids that you like and start making chores, allowance and learning about money fun!

Have a favorite money app for kids that you want to share? Comment below!

Many of my posts contain affiliate links. If you click on an affiliate link and buy something, I may receive a very small commission. I am also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon .com.